Big Yellow Group

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Big Yellow Group plc
Formerly
  • Store Stuff Limited (August–September 1998)
  • Cubic Self Storage Limited (1998–1999)
  • The Big Yellow Holding Company Limited (1999–2000)[1]
Company typePublic
LSEBYG
FTSE 250 component
ISINGB0002869419
IndustryStorage
Founded1998; 28 years ago (1998)
HeadquartersBagshot, England, UK
Key people
RevenueIncrease£199.6 million (2024)[2]
Increase £259.6 million (2024)[2]
Increase £239.8 million (2024)[2]
Number of employees
464 (2024)[2]
Websitebigyellow.co.uk

Big Yellow Group plc is a self-storage company based in Bagshot, England.[3] It is the largest self-storage company in the United Kingdom and is a constituent of the FTSE 250 Index and listed on the London Stock Exchange.[4] Big Yellow has the highest brand awareness in the sector.[5]

History

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Founded in 1998 by Nicholas Vetch, Philip Burks and James Gibson, the company has, as of 2021, 104 storage sites in the UK,[2][6][7][8] 19 of which operate under the name Armadillo Self Storage. Philip Burks served as the property director of the company from 1998 to 2007.[9]

In 2007, the company was converted into a real estate investment trust,[10] and later that year entered into a partnership with funds managed by Pramerica Real Estates Investors to develop another 25 stores in the Midlands, the North of England and Scotland.[8][11]

Financials

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Financials
Year Revenue (£m) Operating Income (£m) Net Profit (£m)
2016[12] 101.38 117.86 112.00
2017[13] 109.07 109.02 99.51
2018[14] 116.66 142.56 133.54
2019[15] 125.41 135.56 126.50
2020[16] 129.31 103.17 92.58
2021[17] 135.24 270.77 265.19
2022[18] 171.32 704.39 697.27
2023[19] 188.83 90.14 73.33
2024[2] 199.62 259.57 239.83

See also

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References

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